March 2012 Corvette Sales

General Motor’s March Sales Report brings good news to the Corvette Team as sales for the month were up 18% over March 2011. Last month, GM sold 1,376 Corvettes vs 1,163 in March 2011. For the calendar year, Corvette sales are up 3.3% with 2,932 Corvettes sold in 2012 vs 2,839 Corvettes sold in 2011. This is the third month in a row that Corvette sales have increased over the previous month and the March total is the highest sales figure we’ve seen since April 2011.

So why the increase in sales during March? We think there are a number of reasons. First, you can’t discount the weather which has been unseasonably nice this year. Second, due to GM’s compressed production schedule for the 2012 Corvette, February was the last month to order a Carlisle Blue Corvette and March 1st was the last day you could order one of the Centennial Edition Corvettes. Many that ordered the Carlisle Blue and Centennial Editions would have taken delivery in March. And finally, GM released a new round of rebates and incentives on March 1st which we are sure are also having an effect.

Those rebates and incentives include a 0% APR up to 60 months on all new 2012 Corvettes and 2.9% APR for 72 months. Dealer cash of $1,500 is still in effect and can be combined with the 0% financing offer. There is also a $3,000 retention offer but you must be on the list. Check with your dealer for details. If you’re looking for a deal on a 2011, you can get 0% APR for 72 months or a $4,000 rebate. Unfortunately, the rebate cannot be combined with the 0% financing. These current incentives run through April 30, 2012.

Corvette
Delivery Statistics for March 2012

Month

Calendar Year-to-Date

Month

2012

2011

% Change

Months

2012

2011

% Change

Mar

1,376

1,163

18.3%

Jan-Mar

2,932

2,839

3.3%

Archived
Monthly Corvette Delivery Statistics

Year

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sept

Oct

Nov

Dec

Total

2012

629

927

1,376

2011

721

955

1,163

1,454

1,304

1,299

1,291

936

1,147

946

910

1,038

13,164

2010

854

624

955

1,089

1,428

1,405

1,199

1,135

1,109

1,011

836

979

12,624

2009

842

1,027

1,183

1,407

1,643

1,396

966

746

1,585

1,154

952

1,033

13,934

2008

2,015

2,071

2,692

3,190

2,904

2,082

1,870

4,242

2,318

1,170

1,093

1,324

26,971

2007

2,234

2,784

3,158

3,227

3,300

2,377

2,377

2,877

2,837

2,484

2,438

2,914

33,685

2006

2,579

3,058

3,655

3,516

3,317

2,938

2,794

2,990

3,056

2,761

2,773

3,081

36,518

Bowling Green Production:

2012 Model Year Production in March 2012: 1,359

2012 Model Year To Date Through March 2012: 10,341

2012 Calendar Year to Date through March 2012: 3,343

Our monthly GM sales reports are sponsored by Kerbeck Corvette in Atlantic City, NJ. If you’re interested in a new 2012 Corvette, talk to one of Kerbeck’s Corvette Specialists about a custom order to meet your specifications. Visit Kerbeck Corvette on the web at www.kerbeck.com or call Dave Salvatore at 877-537-2325.